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20121112
20121120
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. >> reporter: so he called on robert mccullough who has three decades of experience in energy markets. he pored over thousands of documents and believes that the refineries were operating when they said me were offline. we can heard in may lots of announcements of closures and that could be an attempt to misinform the market. we have certainly seen that. tore could be an exercise in market power. >> reporter: he says there is not enough evidence to show any type of collusion among the conditions. he also says there is no watchdog agency in place. >> when a market place gets more and more and more concentrated, the opportunity for that market manipulation only increases. >> reporter: so we did speak with the manrepresents most of the california refineries and he says, look, the man who represents most of the california refineries says there is no conspiracy just simple supply and in demand. he said research all you want you won't find wrongdoing from them. we'll hear more from him at 6:00. i'm grace lee, live in san francisco. cbs 5. >>> also today, we learned that oil giant bp will pay a record
caffeinated energy drinks and their possible involvement in more than a dozen reported fatalities, problems the makers insist are not related to their products, some wonder if jacked up snacks are the way to go. >> i wouldn't want a product with it in it. >> reporter: dr. kim mulvihill cbs 5 healthwatch. >> i'm always looking for something to bring me down. the adrenaline is usually pumping. >> chamomile tea in jellybeans. >> they will figure that out. >>> tell you what's coming down now, rainfall, a lot of rainfall. it depends where you are. very interesting setup. let me show you hi-def doppler. look at san jose. if you are watching in san jose, rain, what rain? you have the santa cruz mountains just down to your south and west and that's putting up a wall in the atmosphere preventing that rain from making it to you. where we do not have that wall, which is the rest of the bay area, it is soggy and very soggy right now in portions of marin county. in a matter of just about two or three minutes, it will be raining a lot more intensely in san rafael and tiburon already seeing some of that h
Search Results 0 to 1 of about 2